World - Cocoa Beans - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

World - Cocoa Beans - Market Analysis, Forecast, Size, Trends and Insights

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Seed of Cacao Tree

The seed of the cacao tree, also known as cocoa beans or cacao beans, are the primary ingredient used to produce chocolate. These seeds are obtained from the fruit pods of the cacao tree, scientifically known as Theobroma cacao. Cacao trees are native to the tropical regions of Central and South America.

The seeds of the cacao tree have a complex and fascinating production process that involves several stages. It begins with the pollination of the flowers on the cacao tree. The flowers grow directly from the trunk and branches of the tree and require specific insects, like midges, to pollinate them. Once pollinated, the flowers develop into large fruits called pods.

The cacao pods are usually shaped like an elongated melon or large football and can vary in color from yellow, red, or purple, depending on the variety. Each pod contains a translucent, sticky pulp that surrounds the seeds. The seeds themselves are initially white and covered in a sweet pulp.

To obtain the cacao seeds, the ripe pods are harvested by hand. Skilled workers use machetes or similar tools to carefully cut the pods from the tree without damaging the seeds inside. After harvesting, the pods are opened to expose the seeds and pulp. The pulp is then removed by hand, leaving the seeds intact.

Next, the extracted seeds are fermented for a specific period, usually around five to seven days. During fermentation, the seeds are placed in containers or piles, covered with banana leaves or other insulating materials, and left to undergo a natural fermentation process. This fermentation step is crucial as it brings out the distinct flavor and aroma of the chocolate. It also helps to remove the bitter tannins found in the raw seeds.

After fermentation, the seeds are spread out to dry under the sun or in drying rooms. This drying process can take several days and is essential to reduce the moisture content of the seeds. The dried cacao seeds are then sorted, graded, and often roasted to enhance the flavors and aromas further. Roasting also helps to separate the outer husk from the inner nib of the seed.

The final step involves grinding the roasted seeds to produce cocoa mass, also known as cocoa liquor. This process generates heat, melting the fat content within the seeds (cocoa butter), and forms a liquid called chocolate liquor. Depending on the desired end product, the chocolate liquor can be further processed into cocoa powder by removing most of the cocoa butter or undergo the conching process to refine the texture and taste of the chocolate.

In conclusion, the seed of the cacao tree undergoes a series of careful steps from pollination, harvesting, fermentation, drying, roasting, and grinding to eventually produce the cocoa mass or cocoa powder used in the production of chocolate. The entire process requires expertise and precision to create the distinct taste and quality associated with chocolate.

This report provides an in-depth analysis of the global cocoa bean market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 661 - Cocoa beans

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Harvested Area, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Area Harvested, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Harvested Area, By Country, 2023
    25. Harvested Area, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023
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Blog
Event
Top 10 Import Markets for Cocoa Bean in the World
Mar 8, 2024
Eye 169

Discover the top 10 countries by import value of cocoa beans in the global market. Learn about key statistics and market trends in the cocoa bean industry.

The Global Cocoa Market Struggles for Restoring Plummeted Demand
Apr 7, 2021
Eye 1630

The closure of the HoReCa segment caused the demand for cocoa beans to collapse in 2020, while the production remained stable. This led to a surge in unsold cocoa bean stocks in exporter-countries. EU chocolate producers are now trying to enlist a range of measures to ensure stable demand and secure supply chains on the cocoa bean market. 

Which Country Imports the Most Cocoa Beans in the World?
Jul 26, 2018
Eye 617

In 2016, the amount of cocoa bean imported worldwide stood at X tons, surging by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from X>

Which Country Exports the Most Cocoa Beans in the World?
Jul 26, 2018
Eye 3289

In 2016, the global cocoa bean exports totaled X tons, falling by -X% against the previous year level. The total export volume increased at an average annual rate of +X% over the period from ...

Which Country Consumes the Most Cocoa Beans in the World?
Feb 9, 2018
Eye 6494

Global cocoa consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.

Which Country Exports the Most Cocoa Beans in the World?
Feb 1, 2018
Eye 1561

In value terms, cocoa beans exports amounted to $X in 2016. Overall, it indicated a strong increase from 2007 to 2016: the total exports value increased at an average annual rate of +X% over the l...

Which Country Imports the Most Cocoa Beans in the World?
Jan 25, 2018
Eye 10486

In value terms, cocoa beans imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some notic...

Which Country Produces the Most Cocoa in the World?
Oct 23, 2017
Eye 1667

In 2015, the countries with the highest levels of cocao production were Côte D'Ivoire (X thousand tons), Ghana (X thousand tons), Indonesia (X thousand tons), together accounting for X% of total output.

Cocoa Bean Market - Côte d'Ivoire’s Cocoa Bean Exports Surged 49% in 2014
Sep 22, 2015
Eye 1410

Côte d'Ivoire dominates in the global сocoa bean trade. In 2014, Côte d'Ivoire exported X thousand tons of сocoa beans totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its

Free Data: Cocoa Beans - World